West Sam United: Allardyce on brink of £9m three-year deal to build dream team

Sam Allardyce is ready to sign a three-year contract worth close to £9million that will see him among the Premier League’s top earners.

The West Ham manager yesterday confirmed Sportsmail’s exclusive that negotiations over a new deal have begun, ending speculation about his future at the club.

It is understood that talks have progressed to the point where only the fine details need ironing out, giving Allardyce a salary package approaching £3million.

Stability: Sam Allardyce is to sign a new contract to remain at West Ham

The deal agreed in principle runs until the summer of 2016, when West Ham are scheduled to move into the Olympic Stadium, and Allardyce has spoken of his desire to build a team fit for the 54,000-capacity venue.

His agent, Mark Curtis, has been in discussions with West Ham owners David Sullivan and David Gold and the bumper pay packet is seen as reward for steering the side out of the nPower Championship at the first time of asking — albeit via the play-offs — and taking them to the brink of preserving their Barclays Premier League status.

It should put Allardyce into the top eight managerial earners in the division and can be seen as a sign of West Ham’s ambitions.

Next season, Premier League clubs will benefit from the mammoth domestic and overseas television deals struck to the tune of £5.5billion over a three-year period — and one condition Allardyce was keen to agree was that he would receive substantial backing in the transfer market this summer.

Proven: Allardyce has a record of establishing teams in the Premier League

The 58-year-old former Bolton, Newcastle, and Blackburn boss was also eager to ensure his backroom staff would be well looked after.

It was initially expected a new deal would only be concluded once West Ham were certain of avoiding relegation but the parties have come together sooner to stop speculation. They currently lie in 14th place on 33 points — six clear of the drop zone.

Allardyce told Sky Sports News yesterday: ‘We both want to do it, it’s just a question of sorting out the dotting of the Is and crossing of the Ts.

‘As always, that is not as easy a situation as you would like. You always have to do some negotiations when you are moving into the next contract, just as there were plenty of negotiations over the first contract.

Big future? West Ham are to move to the Olympic Stadium

‘So we will hopefully come to a conclusion very shortly.’

Allardyce is hoping to achieve a personal record by signing a new deal that takes him to 2016. As he said: ‘That means it will be me serving at a football club for the second longest time I’ve ever been.

‘It will probably be close to five years and for a manager that is a long time these days.

‘If I can continue to grow the club on the field then that helps everybody to start moving towards moving into the Olympic Stadium.

‘And there’s one thing for sure — if it’s me that walks out at the Olympic Stadium with the team it will have to be the best team that I’ve had since I’ve been here.’